Home Case Index All Cases Income Tax Income Tax + HC Income Tax - 1934 (12) TMI HC This
Forgot password New User/ Regiser ⇒ Register to get Live Demo
1934 (12) TMI 17 - HIGH COURT OF LAHOREExtract: .......s, as Individuals, are undoubtedly partners, but the partnership firm under assessment cannot be held to be a partner in it. This being the case, there can be no set-off of the Arjan Das Sada Sukh losses against the profits of the partnership of the four brothers. 5. This disposes of the reference. We allow the Commissioner of Income Tax his costs.
|